Cut in the tax wedge rises to 4%, the effects on the paycheck: for those who increase the salary

The 3.4 billion treasury

of 3.4 billion euros is the almost small treasure that the government managed to collect in the folds of the public accounts and which, as announced in the Def, will be destined for a new intervention on the tax wedge in favor of workers with medium-low incomes, both public and private. The decree law, which will be approved only after the go-ahead from the Chamber, could arrive as early as the end of April (perhaps within the work decree, the one that also restores the citizen’s income), while the cut in contributions would concern the second half of the year. Meanwhile, the Minister of Labor Marina Elvira Calderone has announced the cut of another percentage point on the social security contributions paid by employees, which thus rises to 4%, while the commitment for the duration of the legislature, said the minister, by 5 total points. We will shoot most of this intervention – explained Calderone during an event organized by Fondimpresa – once again in support of families and income from work. Deputy Economy Minister Maurizio Leo also explained to Corriere how the intervention will be carried out: The cut in the tax wedge will double from May.

15 Apr 2023

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